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'GIC says no loss due to buying cover from Berkshire' 'GIC says no loss due to buying cover from Berkshire' Government on Tuesday said it is examining the way in which the state-owned GIC entered into an arrangement with Berkshire Group of USA and its subsequent cancellation within a short period after payment of USD 15.2 million premium towards reinsurance business cover.
Over Rs 4.18 lakh cr outstanding in I-T arrears till Dec: FM Over Rs 4.18 lakh cr outstanding in I-T arrears till Dec: FM Income Tax arrears outstanding at the end of December, 2012 totalled over Rs 4.18 lakh crore, Finance Minister P Chidambaram said on Tuesday.
Revised DTAA a win-win situation for India, Mauritius: Pranab Mukherjee Revised DTAA a win-win situation for India, Mauritius: Pranab Mukherjee India and Mauritius on Tuesday agreed that bilateral line of credit must be used as a vehicle to realise the untapped potential in trade and economic ties and vowed to step up security cooperation, including anti-piracy operations.
Bharti Axa GI hopes to cut underwriting losses in FY14 Bharti Axa GI hopes to cut underwriting losses in FY14 "We hope that underwriting losses will be lower in the next financial year and we are on track to break even by December 2014," Bharti Axa General Insurance Chief Executive Amaranath Ananthanarayanan said here.
Finmin asks PSUs to ensure payment of service tax by vendors Finmin asks PSUs to ensure payment of service tax by vendors The Finance Ministry has asked heads of all public sector entities to use their influence to ensure timely payment of service tax by their vendors.
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